Zheng Restaurant, 82 Walton Road, Oxford, OX2 6EA

The property comprises a substantial freehold mixed-use building arranged over lower ground, ground, first and second floors. The ground floor currently operates as a well-established restaurant with ancillary customer and operational facilities, whilst the upper floors provide extensive residential accommodation. In addition, the lower ground floor offers valuable ancillary space with further potential for alternative uses, subject to obtaining the necessary consents.

The building extends to approximately 2,295 sq ft (213.2 sq m) overall and presents a rare opportunity to acquire a prominent freehold asset in one of Oxford's most desirable commercial and residential locations. The property's versatile layout lends itself to continued restaurant operation, investment ownership or potential reconfiguration into a mixed commercial and residential scheme, subject to planning.

Zheng Restaurant occupies a highly prominent position on Walton Street in the heart of Jericho, one of Oxford's most affluent and desirable districts.

Renowned for its vibrant mix of independent cafés, restaurants, pubs and boutique businesses, Jericho enjoys strong year-round footfall generated by local residents, university students, academics and visitors alike.

The property is situated within easy walking distance of Oxford City Centre, Oxford University colleges and Oxford Railway Station, ensuring excellent accessibility and a broad customer catchment. Freehold opportunities within this established and highly sought-after location are exceptionally rare, making this an increasingly scarce proposition for both owner-operators and investors.

The restaurant accommodation is arranged around an attractive dining area providing approximately 50 covers, serviced by a welcoming customer seating environment and ancillary circulation space. To the rear, the property benefits from a comprehensive commercial catering setup including a fully fitted commercial kitchen, dedicated food preparation area, wash-up section, walk-in refrigeration facilities and extensive storage accommodation.

The sale includes the benefit of the commercial fixtures and fittings associated with the operation of the restaurant.

The residential accommodation is arranged across the first and second floors and provides three bedrooms together with supporting facilities. The accommodation offers generous living space and could suit owner-occupiers seeking to live on-site or investors looking to maximise residential value within the building.

Given the strong residential demand within Jericho and the wider Oxford market, the upper floors may also provide opportunities for enhancement or reconfiguration, subject to the appropriate planning and building regulation approvals.

Freehold restaurant opportunities of this nature within central Oxford are exceptionally uncommon. The property offers purchasers the ability to acquire a substantial town centre asset combining an established commercial income-producing element with significant residential accommodation.

The versatile layout presents a number of potential strategies including continued occupation as a restaurant, investment ownership, owner-operator acquisition or a reconfiguration into a mixed-use commercial and residential scheme, subject to planning. The combination of a prime Jericho location, valuable freehold title, residential accommodation and redevelopment potential is likely to appeal to a broad range of investors, developers and hospitality operators alike.

Currently closed. Historic trade information can be made available to seriously interested parties.

The property offers excellent development and asset management potential, combining an established restaurant with substantial residential accommodation and useful basement space. The flexible layout may lend itself to a mixed commercial and residential configuration or further enhancement, subject to the necessary consents.

The property is entered in the 2026 Rating List with a Rateable Value of £19,250. Rates payable for the 26/27 period were £7,546. Interested parties should note that the Rateable Value is not the amount payable and should make their own enquiries with the local authority to establish the current business rates liability and any reliefs that may be available.

Premises licence.